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This is an analysis of the increase or decrease in operating profit by segment compared to the
previous fiscal year in the forecast for the fiscal year ending March 31, 2025.
Although the strategic investment business is expected to see a decrease in profits, we are
projecting an overall increase in profits of 9.8 billion yen compared to the previous fiscal year
due to improved condominium profit margins and increased profits in the brokerage business.
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